If Bob has an absolute advantage over Pete in both typing and woodworking,then Bob also has a comparative advantage over Pete in both activities.

Name: If Bob has an absolute advantage over Pete in both typing and woodworking,then Bob also has a comparative advantage over Pete in both activities.
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Having an absolute advantage means Bob can produce more of both goods than Pete, but comparative advantage depends on opportunity costs, which may differ.

If Bob Has an Absolute Advantage Over Pete in Both